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$3,676 (target)

10731 Forest Dr, Matthews, NC 28105

3 beds • 3 baths • 1560 sqft

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This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $97,674 initial cash invested.

2.37%

Cash On Cash

7%

Cap Rate

1.18

DSCR

$3,676

Rent

$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,676 income − $3,483 expenses = $193 cash flow

Income$3,676Mortgage P&I$1,87451%Property Taxes$2206%Insurance$1404%Management$44112%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40411%Cash Flow$193

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,674

Downpayment

20%

$75,880

Closing costs

1%

$3,794

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,676

Total Expenses

$3,483

Mortgage P&I

51%

$1,874

Property Taxes

6%

$220

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$441

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$404

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